CNXC icon

Concentrix

50.32 USD
-0.27
0.53%
At close Jan 22, 4:00 PM EST
After hours
50.32
+0.00
0.00%
1 day
-0.53%
5 days
5.36%
1 month
20.12%
3 months
11.43%
6 months
-25.52%
Year to date
15.57%
1 year
-50.70%
5 years
-37.10%
10 years
-37.10%
 

About: Concentrix Corp is a technology-enabled company specialized in customer engagement and customer management. The company provides end-to-end capabilities, including CX process optimization, technology innovation and design engineering, front- and back-office automation, analytics and business transformation services to clients in five primary industry verticals. The Company's verticals are technology and consumer electronics, retail, travel and e-commerce, communications and media, banking, financial services and insurance, and healthcare. Geographically, the company operates in Philippines, Unites States, India, Canada, Germany, Great Britain and others.

Employees: 440,000

0
Funds holding %
of 6,823 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

2.14% more ownership

Funds ownership: 80.24% [Q2] → 82.38% (+2.14%) [Q3]

2% more repeat investments, than reductions

Existing positions increased: 96 | Existing positions reduced: 94

0% more funds holding in top 10

Funds holding in top 10: 2 [Q2] → 2 (+0) [Q3]

6% less funds holding

Funds holding: 298 [Q2] → 281 (-17) [Q3]

18% less capital invested

Capital invested by funds: $3.35B [Q2] → $2.74B (-$609M) [Q3]

28% less first-time investments, than exits

New positions opened: 34 | Existing positions closed: 47

66% less call options, than puts

Call options by funds: $4.8M | Put options by funds: $14.3M

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target
$80
59%
upside
Avg. target
$80
59%
upside
High target
$80
59%
upside

1 analyst rating

positive
100%
neutral
0%
negative
0%
Canaccord Genuity
Joseph Vafi
67% 1-year accuracy
56 / 83 met price target
59%upside
$80
Buy
Maintained
16 Jan 2025

Financial journalist opinion

Based on 5 articles about CNXC published over the past 30 days

Positive
Seeking Alpha
5 days ago
Concentrix: Better Than Expected Results, GenAI, And Cheap
Concentrix Corporation delivered better-than-expected EPS and revenue, driven by significant investments in its GenAI product suite and a booming AI customer experience market. The AI in customer experience market is projected to grow at a 22% CAGR, potentially boosting CNXC's future revenue and free cash flow growth. Despite risks from high debt levels and potential global tariffs, CNXC's substantial headcount growth and consistent net income make it appear undervalued.
Concentrix: Better Than Expected Results, GenAI, And Cheap
Neutral
Seeking Alpha
6 days ago
Concentrix Corporation (CNXC) Q4 2024 Earnings Call Transcript
Concentrix Corporation (NASDAQ:CNXC ) Q4 2024 Earnings Conference Call January 15, 2025 5:00 PM ET Company Participants Sara Buda - VP of IR Chris Caldwell - President and CEO Andre Valentine - CFO Conference Call Participants Joseph Vafi - Canaccord Genuity David Koning - Baird Aisling Grueninger - Bank of America Securities Divya Goyal - Scotiabank Operator Good day, and thank you for standing by. Welcome to the Concentrix's Fiscal Fourth Quarter FY 2024 Financial Results Conference Call.
Concentrix Corporation (CNXC) Q4 2024 Earnings Call Transcript
Neutral
GlobeNewsWire
1 week ago
Concentrix Reports Fourth Quarter and Fiscal Year 2024 Results
NEWARK, Calif., Jan. 15, 2025 (GLOBE NEWSWIRE) -- Concentrix Corporation (NASDAQ: CNXC), a global technology and services leader, today announced financial results for the fiscal fourth quarter and fiscal year ended November 30, 2024.
Concentrix Reports Fourth Quarter and Fiscal Year 2024 Results
Positive
Zacks Investment Research
1 week ago
Concentrix Gears Up to Report Q4 Earnings: What's in the Offing?
Increasing client wins are likely to have benefited CNXC's top line in the fourth quarter of fiscal 2024.
Concentrix Gears Up to Report Q4 Earnings: What's in the Offing?
Neutral
Benzinga
1 week ago
Top Wall Street Forecasters Revamp Concentrix Price Expectations Ahead Of Q4 Earnings
Concentrix Corporation CNXC will release its fourth-quarter financial results after the closing bell on Wednesday, Jan. 15.
Top Wall Street Forecasters Revamp Concentrix Price Expectations Ahead Of Q4 Earnings
Positive
Kiplinger
1 month ago
The Best Industrial Stocks to Buy
Industrial stocks might not be the most exciting positions to own, but they play a vital role in any well-rounded portfolio. Here's how to find the best ones.
The Best Industrial Stocks to Buy
Positive
Seeking Alpha
1 month ago
Stock Picks From Seeking Alpha's November 2024 New Analysts
Twenty-six new analysts joined Seeking Alpha in November, sharing diverse investment ideas highlighting their unique backgrounds and expertise. Top picks include U.S. Bancorp Preferred Series A, Hershey, and PepsiCo, emphasizing undervalued opportunities, dividend stability, and strategic growth potential. Analysts also spotlighted strong sell recommendations like BlackRock Science and Technology Trust and Luckin Coffee, citing fundamental flaws and competitive disadvantages.
Stock Picks From Seeking Alpha's November 2024 New Analysts
Negative
Market Watch
1 month ago
20 stocks likely to lag the S&P 500 over the next year — for this one reason
Difficult-to-short stocks often trade at artificially inflated, unsustainable prices.
20 stocks likely to lag the S&P 500 over the next year — for this one reason
Negative
Zacks Investment Research
2 months ago
New Strong Sell Stocks for November 12th
BRKR, CMC and CNXC have been added to the Zacks Rank #5 (Strong Sell) List on November 12, 2024.
New Strong Sell Stocks for November 12th
Neutral
GlobeNewsWire
2 months ago
Concentrix to share new insights on AI and intelligent experiences at Web Summit 2024
Chris Caldwell, President and CEO of Concentrix, to discuss AI's transformative impact on the customer experience Company to showcase leading-edge technologies at Stand 0404-16, FIL1 Pavilion 1 NEWARK, Calif., Nov. 11, 2024 (GLOBE NEWSWIRE) -- Concentrix Corporation (NASDAQ: CNXC), a global technology and services leader, announced today that it will offer new insights into how AI and intelligent experiences are reshaping industries at Web Summit 2024, the world's premier tech conference in Lisbon, Portugal November 11-14.
Concentrix to share new insights on AI and intelligent experiences at Web Summit 2024
Charts implemented using Lightweight Charts™